Friday, July 14, 2017
Dubai Commodities Center (Dubai Multi-Commodities Centre, DMCC ) June 23 signed a memorandum of understanding with the City District Zhongwei in Ningxia Autonomous Region in China. The Treaty aims to seek opportunities for cooperation, directives and bilateral trade initiatives, and is part of the "one belt, one road."
Gautam Sashittal (Gautam Sashittal), CEO of DMCC has, commented on the signing of the memorandum: "DMCC looked forward to the creation of new markets, which will allow business to develop in new areas Today's signing of the Memorandum of Understanding also confirms the strong trade links between China and Dubai, are supported. initiative. "one belt, one road"
In addition, it is expected that through the memorandum DMCC has 12,000-member companies will be able to connect to trade links with the east-central part of Ningxia province, and Western consumer countries of products thanks to the initiative "One belt, one road."
Currently, 146 Chinese companies registered in the free trade zone DMCC has. Among them are leading companies in the energy sector, as the Al Sahara Petrotek, ST & C Integrated Services, China Harbour Engineering Company, . and China State Construction Engineering Corporation
Mayor of municipal government Wang Zhongwei Tszinhen (Wan Xinheng) said: "Cooperation with the DMCC will further accelerate trade between China and the Arab countries in the framework of the initiative" one belt, one road ", and e will connect China with emerging markets and Western countries. In addition, it will change our understanding of how we can do business on the territory of this initiative and will provide benefits that modern digital technology offers to the market. "
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Karelian Diamond Resources plc has announced that Rio Tinto Mining and Exploration Limited has detected in the samples collected in the Rihiivaara region of the Kuhmo municipality in Finland, the minerals are indicators of high-grade diamondiferous kimberlites.
Samples were selected near kimberlite, open Karelian.
The company noted that the presence of minerals - indicators of diamondiferous kimberlites in combination with the discovery of kimberlite rocks nearby increases the diamond potential of the region.
Minerals indicators of kimberlites include garnets G10 (D), which were formed in the field of stability of the upper mantle, the temperature and pressure in which are favorable for the formation of diamonds.
"These are really excellent results, Which confirm the potential of the area under investigation, especially the presence of G10 (D) garnets, which in the past have proven to be diamond indicators, "said Karelian Chairman of the Board, Professor Richard Conroy.
"Therefore, we remain confident that the difficult work of Rio Tinto and our team will lead to a new important discovery."
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